Please Rate, Comment and Subscribe The Economic Collapse/Tsunami/Meltdown or titalwave of selling is going to come as we move towards the 2012 Mayan Calendar shift in Consciousness. President Barrack Obama is doing the same thing that George W. Bush did and that is bail these companies out and that is the same old stuff. I said guilty until proven innocent for Mr. Obama and I seem as if I am right. This video contains predictions that I am making on the stock market and where this could be heading.
Thank you for watching my economy video for early January, 2009. TABLE OF CONTENTS —————- VIDEO 1 (CHARTS) 0:00 — Intro 3:25 — Where I get my data from 4:50 — Dow Jones Inflated 80 Year Chart 9:28 — 2006-2008 Dow Jones Chart 11:34 — 2008 Dow Jones Chart 14:20 — 1998-2008 Dow Jones Chart 15:50 — Comparing 1929 and 2008 Dow Jones VIDEO 2 (CHARTS) 0:17 — 1929 Dow Jones Yearly Chart 1:45 — June 7 1929 to October 25 1929 candlestick Chart 3:28 — September 24 1929 to October 25 1929 candlestick Chart 6:05 — 1930 Dow Jones Yearly Chart 8:00 — 2009 Stock Market Predictions 9:52 — Post 2009 Predictions and Current Situation 10:58 — Crude Oil (USO) Stock Chart 16:14 — Gold Stock Chart 17:55 — US Dollar Stock Chart VIDEO 3 (Vlog on Stocks, Dollar and Prep)
www.elliottwave.com Watch Robert Prechter on Bloomberg TV on the 20th anniversary of the 1987 stock market crash predict what is unfolding before our eyes today. An uncannily accurate forecast from the man that forecast the 1987 stock market crash. Why would anyone think that the Fed’s actions have any influence whatsoever on the trend in the stock market? The Fed has similarly cut the discount rate twice in recent months, and on all occasions (Sept. 18, Oct. 31, Jan. 22, Jan. 30) the stock market immediately rallied… only to see prices give back those gains and more, within a few short days or weeks. Mind you, these are recent and relatively minor instances. There are longer-term examples that unfolded for years, such as the Fed’s historic campaign in 2001-2002 that saw a DOZEN rate cuts, during which time the S&P 500 lost HALF of its value. More dramatic still was the Bank of Japan’s campaign that took rates to virtually ZERO for entire decade, even as their Nikkei stock index declined and/or languished over the entire period. There’s nothing new about this information — we’ve spelled it all out before, as recently as Bob Prechter’s Nov. 27 and Jan. 24 appearances on Bloomberg television. Watch Prechter on Nov. 27: www.youtube.com With charts and facts, Bob showed how powerless the Fed really is; he also reminded the audience that “People should be careful of what they wish for when they ask for lower rates.” Yes, the financial establishment labels Bob Prechter a …
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